New Report: Developing a Social Impact Bond

The Children's Aid Society recently announced the release of a new report, “Developing a Social Impact Bond: Lessons from a Provider.”

Social impact bonds are an innovative method to finance promising programs that tackle social problems while also saving the government money. With a grant from the Rockefeller Foundation, Children's Aid began exploring how this innovative financing mechanism could be used to scale up some of its interventions for low-income children in New York City.

This paper outlines the steps Children's Aid followed and the lessons we learned in the process of developing several concepts for social impact bonds.

We hope that sharing our experience will help service providers and government agencies better plan and sustain their programs, through social impact bonds and other outcomes-based financing mechanisms. The result will be improved services for children and families in need, more effective government and healthier communities.

Sights and Sounds of Children's Aid

Click "play" below to watch youth from across New York City take part in the Iron Go!Chefs Competition, one of many programs at Children's Aid that teaches young people how to cook and enjoy healthy foods.

Featured Post

The Children’s Aid College Prep Charter School officially opened its doors with a ribbon cutting ceremony and open house on Monday, August 27, 2012. Among the 150 guests in attendance were students, families, friends, Children’s Aid Society and charter school staff, Senator Gustavo Rivera, Deputy Bronx Borough President Aurelia Greene and Deputy Chancellor Marc Sternberg.